Opendoor Technologies (OPEN) shares have traded under sustained pressure into late September 2026, closing at $2.43 on September 28 after a 5.45% single-day decline that extended a 9-11% weekly loss and roughly 20-26% drop over the prior month. The iBuyer’s performance remains closely tied to housing transaction volumes and mortgage rates, with elevated borrowing costs continuing to constrain demand and inventory turnover. Q2 results showed sequential revenue growth to $883 million and contribution margin expansion, yet year-over-year revenue fell sharply amid lower home sales, and the company still reported a $162 million net loss. Analysts maintain a consensus hold rating with a median price target near $4.27, while the next earnings release is scheduled for November 5. Trader positioning on weekly price thresholds reflects these near-term macro and operational headwinds.